Angola
Angola
Employer of Record: Expanding Business In Angola
Employ is a trusted provider of Employer of Record (EOR) solutions for businesses looking to expand in the Asia Pacific, Africa, Europe, and America, covering end-to-end employment services for the remote workforce. We specialize in Outsourced Payroll Services, Remote Staffing, and Visa Services. In addition, we bring a centralized approach to HR management, Payroll & Benefits, and Legal Compliance wherever your staff may be.
34.3 million
total population in 2021
118 billion USD
expected GDP in 2022
Situated on the African continental west coast, Angola is the second-largest oil and gas producer in the region. It’s also an exporter of agricultural products like coffee, maize, and tobacco. The Angolan government supports foreign investors with favorable policies like tax breaks and industrial incentives. About a third of the country’s population lives in the capital Luanda. Angola’s GDP is expected to reach 100 USD billion by the end of 2021.
PUBLIC HOLIDAYS: 15
- New Year’s Day – January 1
- Martyrs of Colonial Repression Day – January 4
- Liberation Day – February 4
- Carnival – varies
- International Women’s Day – March 8
- Southern Africa Liberation Day -March 23
- Good Friday – varies
- Easter Monday – varies
- Peace Day – April 4
- Labor Day – May 1
- Heroes’ Day – September 17
- All Soul’s Day – November 2
- Independence Day – November 11
- Christmas Day – December 25
- Boxing Day- December 26
Social Security and Taxation
- Employer’s Contribution: 8%
- Employee Contribution: 3%
Income Tax Rates: 10% to 25%
MINIMUM WAGE
Work Hours
Overtime Rate
Probationary Period
Annual Leave Credits
Maternity Leave
Paternity Leave
Sick Leave
Bonuses
- Vacation Bonus = 50& of monthly salary
- Christmas Bonus = 50% monthly salary
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